Crisis sparked by Huawei CFO's arrest is snowballing [CNN]
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Source: CNN
Huawei's CFO is out on bail, but the crisis sparked by her arrest is snowballing President Donald Trump added a dramatic new twist on Tuesday by suggesting he may intervene in American efforts to prosecute Meng, the chief financial officer of tech giant Huawei, if it would help his pursuit of a trade deal with China. Meng's arrest in Canada has injected an unpredictable new element into the volatile relationship between the United States and China, the world's top two economies, as they try to find a way out of their damaging trade war. Her case has prompted a backlash in China, alarmed businesses around the world and put Canada in the middle of a geopolitical standoff. "If I think it's good for what will be certainly the largest trade deal ever made — which is a very important thing — what's good for national security — I would certainly intervene if I thought it was necessary," Trump told Reuters in an interview published shortly after Meng was granted bail by a judge in Vancouver.
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